A Lion’s eye on the Bulls and Bears
“In India, companies may fall sick, but promoters rarely do!”
Lok Housing is on lower circuit at Rs 24.35 today on the BSE on news that it is facing an Income Tax Liability of Rs 100 crs on Income that was not disclosed On July 7,2008,I had blogged on Lok Housing crashing from Rs 400 to Rs 44 inside six months querying as below “What’s …
Lok Housing now faces Rs 100 crs Income Tax Liability on undisclosed Income Read More »
Exactly 21 years ago on Monday,October 19,1987 the Dow Jones Industrial Average sunk 508 points or 22% in just one day…Black Monday The Genesis was the Easy Money and Junk Bonds to create leverage to buy out Companies and the rampant Insider Trading prevalent…an era of Greenmailers Nobody ,and I mean Nobody, has consistently predicted …
It’s 21 years today since Black Monday on Wall Street…October 19,1987 Read More »
I’ve been inundated with calls on Core Projects…because on October 8,2008 it was Rs 250 and today it is Rs 63…Why this Sudden Collapse ? Will it revive ? Top Broking Houses had recommended this scrip very strongly in 2007 and earlier in 2008…In fact the Aditya Birla Group, through it’s Private Equity Business,had also invested …
CORE PROJECTS….Crashed from Rs 250 to Rs 60 in three trading days…What did you expect ? Read More »
Earlier called Wearology, and before that Monotona Exports,Poddar Developers has been a huge rollercoaster ride in the Movements of it’s Share Price on BSE in 2007 and 2008…In 2007 itself, from a low of Rs 23 it literally was pulled aggressively to an all time high of Rs 320 ….SEBI even issued a Show cause …
Poddar Developers Ltd…Self Development gone awry ? Read More »
What Did I tell you about HOV Services in this morning’s blog and in the warning blog just one two days ago ! They have now just released to the BSE the outcome of their Board Meeting Today to discuss the Material Transaction Proposal…Have a Look below Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …
What else can you expect from HOV Promoters ?…they continue their Cloak and Dagger Game Read More »
Would you believe it ! Just two days ago I blogged on how the Promoters of HOV seem to be hoodwinking shareholders And just yesterday the company informed the BSE of a Board Meeting to be held Today to discuss the Buy Out Proposal.Have a look at this announcement Corporate Announcement Scrip Code:532761 Company:HOV Services Ltd …